Virginia State Real Estate Exam Practice Question
Three offers arrive before scheduled 7 p.m. presentation. Which should be presented?
Correct Answer: A
Rationale: Presenting all three offers allows for a comprehensive evaluation of options, ensuring that the seller can make an informed decision based on various terms and conditions.
Option B, presenting only the first received offer, limits potential benefits and may overlook better terms.
Option C, focusing solely on the highest price, disregards other critical factors such as contingencies and closing timelines, which could impact the overall value of the deal.
Option D, selecting the most favorable offer to the seller, while important, could lead to missing out on potentially better combinations of terms offered by the other proposals.
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